Accord Supply Chain Analysis Paper

Improved Essays
Currently Accord and their suppliers and customers do not share information with one another and the are only linked by the physical process of the supply chain function. This resulted in limited collaboration and information sharing between upstream and downstream which disrupt flow and hinder supply chain coordination (Gonzales, 2015) [4].

Due to the information gaps, Accord are unable to monitor and control inventory traveling along the supply chain. This will result in inaccurate forecasting as well as longer cycle time. In order to solve this issue, Accord seeks to improve their current supply chain coordination through closer working relationship between their upstream and downstream.

Accord supplies has always promise to deliver on time and in full to their customers. However, instead of timely delivery being made, customers are facing constant stock-out and lengthy deliveries.

Accord’s suppliers on the other hand are unable to fulfill the sudden large demand. Accord supplies do not order large quantity in advance instead they only do so when they received such big orders from their customers.

Currently Accord still relies on manual stock counting to keep track of its inventory. Due to the large inventory available, human errors is the main contributing factor to inaccurate inventory. Also the current operating system
…show more content…
The root cause of the problem was identified to be the current operating system Accord Supplies are using. The capabilities and capacity of the current operation system used by Accord Supplies is no longer able to support their current demands. As the current system was developed during the initial setup to meet the basic requirements for Accord Supplies’ warehouse and inventory management, the current system is outdated with no new addon features to address the future

Related Documents

  • Decent Essays

    Hrm/531 Week 2

    • 556 Words
    • 3 Pages

    Late payment of vendor invoices, which means late fees and lost cash discounts: The help with the new ERP Mal-Bal will be able to make payments to vendors in time for the system can integrate with the inventory purchased from the stores department. Late deliveries to customers: The old software integration of data is a problem and in order to make timely deliveries and the purchase order will be received by the marketing needs to be marked to material dispatch section in time. The lack of which will result in a delay of deliveries. Growth in inventories, accompanied by an increase in stockouts: Integration of data and lack of availability of information to employees will result in stock in hand not matching with the product demand and purchase department may…

    • 556 Words
    • 3 Pages
    Decent Essays
  • Great Essays

    BSG Lessons Learned How did the key theories and concepts in the course relate to the simulation? The Business Strategy Game (BSG) was the practice of strategic management that offers virtual executive experience. The assigned team could analyze the market, set the direction, and make strategy for company’s growth in BSG.…

    • 1159 Words
    • 5 Pages
    Great Essays
  • Improved Essays

    For doing as such, the providers offer Arrow focused estimating on items. The providers all have put an enthusiasm for balancing out process through the channel, keeping record of who uses the items, and having wish for wholesalers to perform value included administration. The customers would want for Arrow to give them parts in little volume on request and in addition collect units so that the production lines can keep running without intrusion. The entering of Express shows a reasonable test to Arrow’s current plan of…

    • 746 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Executive Summary: Supply Chain Management at Nissan Amidst a Natural Disaster Introduction One of the most devastating examples of supply chain disruption can be seen from the natural disasters that hit Japan in March 2011. The damage from a major earthquake and its side effects including a tsunami, blackouts, and fuel shortages caused operational shutdowns in Japan’s second largest automobile manufacturer; Nissan. The Nissan operational suspensions were not only a result of local assembly plant destruction, but also the impact felt by numerous Tier 1, Tier 2, and Tier 3 suppliers. Amazingly, Nissan only experienced approximately four weeks of reduced production before resuming operations in all plants and by May 2011 numbers had rebounded to expected production based on the previous year. What features of Nissan’s operational strategy helped them manage to recover from such a devastating supply chain disruption?…

    • 782 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Application Flexible and responsive supply chain strategies are important for business managers to fully comprehend. In general, a responsive supply chain strategy is suitable for firms that offer a variety of innovative or customized products tailored to specific customer demands and taste (Roh, Hong, & Min, 2014). A traditional supply chain, which focuses on cost-efficiency and stability, faces serious challenges that responsive supply chains tend to avoid (Roh, Hong, & Min, 2014). However, meeting the customers’ needs should always be considered before cost reduction actions are taken in the supply chain. Ultimately, each business will decide how to integrate the process of satisfying its customers’ needs along the supply chain.…

    • 866 Words
    • 4 Pages
    Improved Essays
  • Superior Essays

    Dell's Case Study: Dell Inc.

    • 8789 Words
    • 36 Pages

    a traditional company By eliminating the intermediary steps and creating a direct relationship with its customers, Dell is able to substantially reduce the cost of business processes and lower the cost of customers and suppliers. In addition, Dell also uses the differentiation strategy to cope with the rivalry of competitors. Unlike its competitors, Dell’s built to order model allows customization based on specification of each client’s needs.…

    • 8789 Words
    • 36 Pages
    Superior Essays
  • Improved Essays

    Hagen Style Case Study

    • 1028 Words
    • 5 Pages

    Executive Summary Hagen Style is a successful kitchen equipment company in Europe and its success owes to its direct marketing operations, along with its efficient distribution system. To Hagen Style, it is a good start that this company developed the appropriate marketing and distribution strategies which fit the market at that time. These Operation Strategies are maintained by effective Operations Management. For instance, without strict planning and management, the two distributions could be a mess and unable to realize fast delivery. The information system help analyse the orders and standardised packing progress ensures the product safety.…

    • 1028 Words
    • 5 Pages
    Improved Essays
  • Great Essays

    Performance Measurement at DELL: Performance measurement is an important parameter which quantitatively gives information about our process, product and services. This helps us to know whether we are moving towards mission and vision or deviating from our core goals. At present big corporations don’t want to indulge into performance measurement system, instead they put their whole focus on achieving operational excellence. But Dell is very focus on measuring its supply chain efficiency on yearly basis.…

    • 2378 Words
    • 10 Pages
    Great Essays
  • Decent Essays

    Essar Steel Case Study

    • 974 Words
    • 4 Pages

    In this research work, we taken care for the Just-In-Time inventory management of stock levels at Essar steel processing and distribution facility, Pithampur (Indore region) with organizing the smooth supplies to the major original equipment manufacturer (auto customers) including their vendors, suppliers and end-users for enhancing the plant efficiency with increase in sales volume and optimum usage of allocated resources. It provides the synergy between plant, marketing, quality, research and development, product development and process control functions of the business. By understanding the behavior and needs of the customer according to their outsourcing manufacturing processes and the fluctuating market conditions we are deeply involve for better serviceability with minimization of stock keeping units at both…

    • 974 Words
    • 4 Pages
    Decent Essays
  • Decent Essays

    Strategic Analysis Presentation H&M To what extent can H&M’s important resources and capabilities be sustained? -Describe resources and capabilities. VRIO framework The resources and capabilities of an organisation contribute to its long-term survival and potentially to competitive advantage.…

    • 1038 Words
    • 5 Pages
    Decent Essays
  • Improved Essays

    In today 's world supply chain is at the centre of the business, for many decades’ companies have outsourced and organised many jobs to suppliers and intermediaries creating expansion and, recreated designs and through innovative processes, such sourcing has resulted in global supply chain management. It is a connected series of activities which is concerned with planning, organising, coordinating and controlling of materials, parts, and finished goods from supplier to customer. It is concerned with two distinct flows/ function i.e. material flow and information flow through the organization (Stevens 1989). At every point of chain information and material is passed in order to improving the efficiency at every level.…

    • 839 Words
    • 4 Pages
    Improved Essays
  • Great Essays

    III. COMPANY PROFILE: To provide unique value added supply chain solutions and create a committed partnership-like approach with customer relations is the vision statement of the company. TVS Logistics is an ISO 9001:2008 Certified company a part of the TVS Group of companies with a turnover in excess of US $ 6 billion, offering complete logistics solutions and specialists in Warehousing, Distribution, Transportation, In plant logistics support for automobile OEMs, auto parts suppliers and buyers. TVS Logistics was started as a business unit of T V Sundram Iyengar & Sons Ltd and was later established as a separate company named, TVS Logistics Services Limited (TVS LSL) in December 2004. It has an annual turnover of over Rs. 1,200 Crores and…

    • 1515 Words
    • 7 Pages
    Great Essays
  • Improved Essays

    Spare Parts

    • 1000 Words
    • 4 Pages

    Spare part quantities are critical to ensuring specific operations can endure unscheduled failures. Maintenance career fields appreciate adequacies quantities of spare parts on hand, however, they also can attest to when quantities of spare parts become piles of excess junk. A determining factor whether or not a part necessarily belongs on hand as a spare comes down to its relative importance as well as likelihood of failure. To add to the necessity factory, safety also comes into play, which adds a further element of whether or not the spare part need be on hand. Spare parts often make or break the success of a mission, furthermore they possess the ability to save lives despite the added process of keeping them on hand in addition to serviceable.…

    • 1000 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    A Case Study of Creating Agile Supply Chains in the Fashion Industry Fashion market must typically exhibit the well functioning short-life-cycles, high volatility, low predictability and high impulse purchasing. Today’s fashions market place is highly competitive and there is an inevitable move by many retailers to extend the number of seasons which with the entire merchandise within a store is change. The operations of fashion businesses imply a trend for supply chain management, which in effect it clearly provides a challenge to logistic management. In reference to Block 2, Chapter 3 of the book which pertains to “Supply Network Design and Management”, that vividly implies that supply network design is of critical importance to the enterprise. It has been said that; “The ultimate core…

    • 2395 Words
    • 10 Pages
    Improved Essays
  • Improved Essays

    By coordinating and streamlining exceedingly critical business forms with Supply Chain Execution, logistics administration suppliers make new chances to: • It manages and moves products more efficiently. Secures and organizes shipments better via computerizing stock management, and incorporating logistics forms with enterprise asset planning system and solutions used by clients and…

    • 1315 Words
    • 6 Pages
    Improved Essays